ECOL - Upward channel breakdown short from $52.47 to $39.33

18 בנוב׳ 2017

ECOL is running within an upward channel, and its bouncing off from its upward channel line. We think it has good chance to breakdown this channel formation & decline further.

* Trade Criteria *
Date First Found- October 9, 2017
Pattern/Why- Upward channel breakdown; Double top formation
Entry Target Criteria- Break of $52.47
Exit Target Criteria- $39.33
Stop Loss Criteria- $56.23

Please check back for Trade updates. (Note: Trade update is little delayed here.)